Alivan: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Alivan
Largest movements
- Current investments +€175,000
new in 2025: €175,000
- Cash -€50,925
down €50,925 (-49.4%), from €103,117 to €52,193
mainly Contributions, distributions and other (-€200,000) and Current investments (-€175,000)
- Receivables within one year -€46,273
down €46,273 (-72.4%), from €63,922 to €17,649
of which Trade receivables: -€40,292
- Tangible fixed assets -€5,840
down €5,840 (-66.5%), from €8,779 to €2,939
of which Furniture and vehicles: -€5,662
- Other debts +€149,296
up €149,296 (+244%), from €61,307 to €210,603
- Reserves -€75,797
down €75,797 (-74.3%), from €101,980 to €26,183
- Taxes +€5,806
up €5,806 (+15.7%), from €37,040 to €42,846
- Financial income +€2,914
up €2,914 (+14,571,950%), from €0 to €2,914
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,521 | €249,703 | +€73,183 | +41.5% |
| Fixed assets | 21/28 | €8,779 | €2,939 | -€5,840 | -66.5% |
| Tangible fixed assets | 22/27 | €8,779 | €2,939 | -€5,840 | -66.5% |
| Plant, machinery and equipment | 23 | €178 | €0 | -€178 | -100% |
| Furniture and vehicles | 24 | €8,601 | €2,939 | -€5,662 | -65.8% |
| Current assets | 29/58 | €167,741 | €246,764 | +€79,023 | +47.1% |
| Amounts receivable within one year | 40/41 | €63,922 | €17,649 | -€46,273 | -72.4% |
| Trade receivables | 40 | €57,941 | €17,649 | -€40,292 | -69.5% |
| Other amounts receivable | 41 | €5,981 | €0 | -€5,981 | -100% |
| Current investments | 50/53 | - | €175,000 | +€175,000 | |
| Cash at bank and in hand | 54/58 | €103,117 | €52,193 | -€50,925 | -49.4% |
| Deferred charges and accrued income | 490/1 | €702 | €1,923 | +€1,220 | +174% |
| Total equity and liabilities | 10/49 | €176,521 | €249,703 | +€73,183 | +41.5% |
| Equity | 10/15 | €103,980 | €28,183 | -€75,797 | -72.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €101,980 | €26,183 | -€75,797 | -74.3% |
| Distributable reserves | 133 | €101,980 | €26,183 | -€75,797 | -74.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,540 | €221,520 | +€148,980 | +205% |
| Amounts payable within one year | 42/48 | €71,808 | €220,743 | +€148,935 | +207% |
| Trade debts | 44 | €0 | €1,140 | +€1,140 | |
| Suppliers | 440/4 | €0 | €1,140 | +€1,140 | |
| Taxes, remuneration and social security | 45 | €10,501 | €9,000 | -€1,502 | -14.3% |
| Taxes | 450/3 | €10,501 | €9,000 | -€1,502 | -14.3% |
| Other amounts payable | 47/48 | €61,307 | €210,603 | +€149,296 | +244% |
| Accrued charges and deferred income | 492/3 | €732 | €777 | +€45 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,932 | €5,840 | -€92 | -1.5% |
| Other operating charges | 640/8 | €626 | €577 | -€49 | -7.8% |
| Gross operating margin | 9900 | €169,791 | €171,472 | +€1,681 | +1.0% |
| Operating profit (loss) | 9901 | €163,233 | €165,055 | +€1,822 | +1.1% |
| Financial income | 75/76B | €0 | €2,914 | +€2,914 | +14,571,950% |
| Recurring financial income | 75 | €0 | €2,914 | +€2,914 | +14,571,950% |
| Financial charges | 65/66B | €866 | €920 | +€54 | +6.2% |
| Recurring financial charges | 65 | €866 | €920 | +€54 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €162,367 | €167,049 | +€4,682 | +2.9% |
| Income taxes | 67/77 | €37,040 | €42,846 | +€5,806 | +15.7% |
| Profit (loss) for the period | 9904 | €125,327 | €124,203 | -€1,124 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €125,327 | €124,203 | -€1,124 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.